Let me give you some background for context and to help you understand why I am moving in this direction with investing this year. 

It'd be great to touch base to learn more about your investing background and your Kansas City project.

Nashville views HPRs as duplexes technically. 

With your background in real estate (STRs and assisted living), commercial MAY make more sense and then if there are any residential deals you can take them as well.

Would you say your perception may be different from most people because of your accountant background?

It seems simple, but it's not a DIY thing because of technical rules that are different depending on circumstances.Or, you can pay a lawyer to file an ejectment lawsuit, the developer can pay a lawyer to defend the lawsuit and redeem, and the developer will also be responsible for reimbursing your legal fees, plus interest. 

So it's right for him to be wary.Going into flipping home as your first real estate investment might not be the best move, esp if you are both coming from W2 background.

@Jordan Kaylor Using a HELOC to purchase a property and then refinancing into a conventional mortgage is technically considered a cash-out refinance.

It's a way to skirt the rules IMO.Is it responder beware (and technically in compliance) or just trash?

I have a personal CPA, but they don't have much real estate background.